- The IEA said "steadily rising" output from the United States and Middle Eastern members of the OPEC+ oil cartel will...
The IEA had previously warned that Moscow's invasion of Ukraine could spark a global supply "shock".
World oil demand growth, meanwhile, is forecast to slow to 1.9 million barrels per day in the second quarter.
- Ukraine is a major supply route for Russian gas to Europe and the two sides have kept flows going even...
Ukraine's pipeline operator GTSOU said that it was halting gas transport at the Sokhranivka transit point
Germany said Wednesday that it saw a 25 percent drop in supplies of Russian gas flowing through Ukraine
- World food prices hit an all-time high in March following Russia's invasion of Ukraine, which accounted for 20 percent of...
France is Europe's agricultural powerhouse, the biggest grain producer in the 27-country bloc
The national weather service said France was in the grip of a hot spell with 20% less rainfall reported
- The official unemployment rate in crisis-hit Lebanon jumped almost three-fold to reach 29.6 percent at the start of the year,...
After years of corrupt practices and financial mismanagement, Lebanon's economy collapsed two years ago, stripping the national currency of 95 percent of its value.
The issue of unemployment has not featured prominently in the campaigns led by the main parties fielding candidates in Sunday's parliamentary election.
- Here’s a look at the challenges that await incoming lawmakers in a country where there is little consensus on a...
Starved of hydrocarbons, Lebanon’s power stations have scaled down operations to a near minimum
Power cuts can last up to 23 hours a day, forcing residents to rely on expensive private generators
- With the lira's value tumbles to historic lows and annual inflation runs at nearly 70 percent, the refugee question regularly...
Political parties in Turkey spar over sending 3.7 million Syrian refugees back to their war-torn homeland while the refugees have no appetite to return
Majority of the Syrian refugees have settled in Turkish society since 2012, and only 1 percent live in the shelter camps built for those who escaped civil war
- The UK Home Office affirmed that “an electronic visa waiver allows the holder to travel to the UK without obtaining...
The UK Home Office affirmed that “an electronic visa waiver allows the holder to travel to the UK without obtaining a visa provided they complete an online waiver for each visit
UK Home Secretary Priti Patel said that the visa waiver for Bahrain and Saudi Arabia will better connect the people of our countries and boost economic prosperity
- A meeting of the Oman-India Joint Business Council, under the umbrella of the Federation of Indian Chambers of Commerce and...
A meeting of the Oman-India Joint Business Council, under the umbrella of the Federation of Indian Chambers of Commerce and Industry and the Oman Chamber will be held Friday
At this meeting, ministers from both sides will interact with the business communities, the Indian Ministry of Commerce and Industry said
- America recorded its first coronavirus death, on the West Coast, in early February 2020. By the next month, the virus...
The US has recorded a rise in the number of daily virus cases in recent weeks due to the new Omicron subvariant and the lifting of mask mandates
Ideological clashes in public over curfews, mask mandate, and vaccine mandates resulted in the country hitting the highest death toll in the world
- The sanctions include a ban on transactions and the entry into Russian ports of vessels linked to the affected companies.
The sanctions target 31 companies, most belonging to the Gazprom Germania group of subsidiaries of Gazprom
The sanctions also affect Poland's EuRoPol GAZ SA, the owner of the Polish part of the Yamal-Europe gas pipeline




















